Alpha Data announces its intention to offer 40% of its shares in the Abu Dhabi market

Alpha data, specializing in digital transformation, announced today, Thursday, that its intention is to offer 40% of its shares in the Abu Dhabi Securities market, to prepare the first company that touches the UAE Capital Market this year. It is expected that the subscription period will begin this month after obtaining the necessary organizational approvals, provided the list takes place in March 2025, according to the company’s statement. The company intends to pay dividends of 130 million dirhams for 2025, which must be paid in two equal groups in October 2025 and in April 2026. The company is expected to continue with the distribution policy of no less than 80% of the net profit, according to the appreciation of the board -cap, any credit rating of the company and other cash requirements in the future periods, and there is no guarantee that the company will distribute the company is not possible to confirm the amounts that will be paid. “Fayez Al -abini, the founder and president of the company, said in an interview with” Al -Sharq “that the company is able to continue to spread profits in light of its intolerance to any loans or debt, and that its expansion does not need significant investments. Some of the returns of the two markets this year, according to Al -Aabini.

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